Again Luna is struggling to pass 8 usd resisstance area to go further
Until it not below 6.5 it has huge potential to go up to 11-12 again
NOT FINANCIAL ADVISE
Hey hey my friends 👋
👉🏼 We are buying LUNA and we are Dollar Cost Averaging on the way down
👉🏼 On the 12hr time frame - RSI is @ 20 and we are 80%+ away from the 21-EMA
Dear ladies and gentlemen, as you can see the market is starting a new bearish phase that can last months before starting to climb again. I would like to share with you my idea about LUNA and where you should sell it despise the price you bought it for. If you sell your LUNA at $11 you can easily go and make profit as soon as the bearish starts. Please be aware...
At the moment, 8$ is still an important support zone that we shouldn't miss it out. The new rally also can be generated from this zone up to 12$ and 16$ in June. But if it loses this 8$ zone, it will move down to 5$ zone, the best price to generate new rally
📈BUY
-Buy : 7.8-8.2$. SL if B
📉SELL
-Sell : 11.7-12.3$. SL if A
-Sell : 15.6-16.4$. SL if...
Well as you can see it landed in 0.786. Yesterday surprised us with pretty huge drop but things seems to be getting more stable.
Luna is now in my opinion in good place to buy.
Not financial advice, just my opinion.
With the latest dip of BTC, LUNA appears to have found a strong support at the lower trend line of the wedge, potentially reversing from it.
Wait for a proper confirmation of the price before going in. BTC is still highly unstable. On the other hand, BTC is prone for a strong upward correction. Doubt that we will fall much lower in the coming days.
Happy trading!
As the title says, I’m looking for a breakout and confirmation of it.
It is one of the best projects around 😉
It is not a financial advice.
Always do your own research.
Terra Luna is in my opinion one of the best blockchain out there. It's has a product that's has real world applications outside of just the crypto industry. One of the highest LTV locked up and potentially explode if UST start to become more widely adopted.
Aside from that the technical show that it's been holding a bull flag pattern for weeks now with the...
Luna following the charts is going really bullish, maybe a bit too much. Looking at the RSI chart LUNA is getting overbought due it's high volumes. When something is oversold it will create a price drop allowing LUNA to get back to one of it's resistances and go even more bullish touching the all time high that is 22$.
Market structure breaker (MSB) @ red line = 31600 sats
Break the lower high @ 31600 and we tag range high @ 40000 sats.
Reject and we tag 4H demand @ 26500 sats
